https://www.taxtmi.com/caselaws?id=347732 The High Court ruled in favor of the assessee on various issues related to income tax assessments for the relevant assessment year. The Court found in favor of the assessee regarding the correctness of the method of accounting for income detection, deletion of addition for sale price of properties, re-working cost of land, deletion of addition for contribution to Shelter Fund, and assessment of rent receipts as income from house property. The Court based its decisions on previous rulings and ultimately disposed of the appeal in favor of the assessee. en-us Tue, 05 Sep 2017 00:00:00 +0530 Sat, 18 Nov 2017 15:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347732 The High Court ruled in favor of the assessee on various issues related to income tax assessments for the relevant assessment year. The Court found in favor of the assessee regarding the correctness of the method of accounting for income detection, deletion of addition for sale price of properties, re-working cost of land, deletion of addition for contribution to Shelter Fund, and assessment of rent receipts as income from house property. The Court based its decisions on previous rulings and ultimately disposed of the appeal in favor of the assessee. Case-Laws Income Tax Tue, 05 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347732